Big Runs from Friday, A Pair of Fresh Plays

Strong Finish on Friday:  

We ended up in great shape on Friday, with the session bringing four out of the five targets in our premarket report some really nice intraday runs. We had one extended term idea with a November expiration fail to produce instant results, but we’ll continue to monitor in the days and weeks ahead.

Our daily rippers for Friday were the SCHL 10/20 $30 Puts, the NVDA Weekly $410-415 Calls, the AAPL Weekly $172.50-175 Calls, and the AMZN Weekly $129-131 Calls, and here were the excellent intraday opportunities they provided to traders on the day:

SCHL 10/20 $30 Puts
$30:
 .25-.60 (+140%)
_____

NVDA Weekly $410-415 Calls
$410: 3.95-11.20 (+184%)
$415:
 1.32-6.45 (+389%)
_____

AAPL Weekly $172.50-175 Calls
$172.50:
 1.80-4.50 (+150%)
$175: .31-2.08 (+571%)
_____

AMZN Weekly $129-131 Calls
$129: .13-1.00 (+592%)
$130: .74-2.06 (+178%)
$131: .29-1.15 (+297%)


Fresh Options Ideas:
TSLA Weekly $245-242.50 Puts
NVDA Weekly $420-410 Puts



Avalo Therapeutics Inc. (NASDAQ:AVTX) – Recap:

AVTX appeared in Friday morning’s extended watchlist, and the subsequent low was .1132. We’re seeing new highs this morning in the premarket of .1519, which works out to an observed upswing of 34%


Extended Watchlist:
FAZE, BPTS, PXMD, RNAZ, WRNT, YCRM, PDRO, 

Tuesday’s Runners, Wednesday’s Watchlist

Tuesday’s Twin Targets:  

As we were mentioning in yesterday morning’s premarket report, we’re pretty thin on earnings reports from big name companies with multi-billion dollar market caps, which are typically our favorite catalysts for the kind of intraday activity that is useful to daytraders. This relative dry period will unfortunately persist until the back end of October, but, as we did yesterday, we’ll continue to hash out whatever remaining targets look best on any given morning.

Yesterday we formed a pair of potential plays, the APOG 10/20 $50-55 Calls and the DAVA 10/20 $45 Puts, and they both exhibited some nice moves for us on the day, with a double-bagger coming out of both chains. Here’s what we were working with:

APOG 10/20 $50-55 Calls
$50:
 1.70-2.50 (+47%)
$55: .05-.30 (+100%)
_____

DAVA 10/20 $45 Puts

$45: 15-.30 (+100%).


Fresh Options Ideas:
GIS 10/20 $65-67.50 Calls
EMN 10/20 $80 Calls


Extended Watchlist:
RVNC, EBET, EXAI, RNAZ, HSTO, FRTX, BJDX, TGGI, RTSL, 

Midweek Updates, Trio of New Ideas

Midweek Options Recaps:  

We offered up a pair of short term and a pair of longer term ideas in our premarket report yesterday, and as is pretty typical, we saw some good movement out of the weekly plays, and not so much instant gratification from those that expire next month. We usually gravitate to those kind of ideas during earnings low periods, and we certainly have been short on big name reporters this week. But we’ll continue to monitor those interests into October, and keep trying to point out whatever looks best to us on a daily basis.

As for yesterday’s weekly plays, which were the CBRL Weekly $70-75 Calls and the BUR Weekly $17.50-15 Puts, we observed the following intraday trading activity and gain potential:

CBRL Weekly $70-75 Calls
$70:
 3.00-4.20 (+40%)
$75: 1.09-2.66 (+144%)
_____

BUR Weekly $17.50-15 Puts
$17.50:
 1.63-1.93 (+18%)
$15: .05-.10 (+100%)


Fresh Options:
SMTC Weekly $22-23 Calls
SPY 09/14 $447-448 Calls
BABA Weekly $87-89 Calls


Extended Watchlist:
AVTX, FWBI, GMBL, RNAZ, KITT, NVOS, NAVB, NLST, YCRM, CNBX

Multi-Bag Options Rips, Fresh Plays

Wednesday Winners:

Wednesday was another beautiful day for us, and the second day in a row that we turned in a clean sheet in terms of our options interests for the session. Everything we touched made a serious move on the day. We’re right in the thick of another earnings season and it is making things really interesting this week.

Yesterday’s interests from our premarket report were the BSX 05/19 $52.50-55 Calls, the BA Weekly $205-210 Calls, the MSFT Weekly $295-300 Calls, and the SPY 04/26 $406-407 Calls, which experienced multi-bag intraday runs across the board. Those intraday ranges and total potential profits broke down like this:

BSX 05/19 $52.50-55 Calls
$187.50:
 .40-.91 (+127%)
$190: .10-.25 (+150%)
_____

BA Weekly $205-210 Calls
$205: 2.49-5.04 (+102%)
$207.50: 1.37-3.30 (+141%)
$210: .71-1.93 (+172%)
_____

MSFT Weekly $295-300 Calls
$295: 2.31-5.87 (+154%)
$297.50: 1.36-4.10 (+201%)
$300: .75-2.66 (+254%)
_____

SPY 04/26 $406-407 Calls
$406:
 .66-2.02 (+206%)
$407: .36-1.21 (+236%)



Fresh Options Ideas:
META Weekly $232.50-237.50 Calls
LLY Weekly $382.50-387.50 Calls
MRK Weekly $114-116 Calls


Extended Watchlist:
EVLO, CFRX, UCAR, ATOM, NVOS, RNAZ, DPLS, AIAD, 

Thousand Percent+ Gainer, Fresh Ideas

04/21 Options Reviews:

In recent weeks we have been tagging several longer-term options plays with an April 21st expiration as opposed to weeklies, and today we wanted to circle back for some of those which posted new highs for us during yesterday’s session.

We’ll start off with the DOMO 04/21 $15 Calls, which just appeared in yesterday morning’s report, and opened up with a solid first day effort as it ran from .65-1.00, for an intraday upswing of 54%

Next up we’ve got the MKC 04/21 $75-80 Calls and the SMTC 04/21 $26-25 Puts which we initially flagged in our reports from last Tuesday, and last Thursday morning, respectively. The breakdown of the moves they’ve made since last week is as follows, and as you can see, those SMTC Puts easily breached the thousand percent gain barrier in what has been one of our hottest recent ideas:

MKC 04/21 $75-80 Calls
$75: 4.80-10.32 (+115%)
$80: 1.40-5.40 (+286%)
_____

SMTC 04/21 $26-25 Puts
$26:
 .20-3.40 (+1600%)
$25: .21-3.09 (+1371%)


Fresh Options Ideas:
SMPL 04/21 $40-35 Puts
DLO 04/21 $16-15 Puts


Hypercharge Networks Corp. HCNWF – OTC Recap: 

We also wanted to recap the performance of an OTC stock we tagged in yesterday morning’s report. HCNWF went on a very nice intraday run from a low of .685 on up to a high of 1.58, which works out to a highly respectable single session rise of 131%


Extended Watchlist:
ATNF, IMUX, LMNL, IFRX, FRGT, RNAZ, QPRC, ADHC, GSTC

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